South Korea camper sales plunge 81% as pandemic boom fades
New registrations of motorhomes and caravans in South Korea fell from 7,300 units in 2021 to 1,361 in 2024, an 81.4% drop, according to the Ministry o...
New registrations of motorhomes and caravans in South Korea fell from 7,300 units in 2021 to 1,361 in 2024, an 81.4% drop, according to the Ministry of Land, Infrastructure and Transport. Market value declined from 347.2 billion won to 76.4 billion won over the same period. Motorhome registrations fell 73.2%, while caravan registrations dropped 87.2%. Although the number of campers remains around 6-7 million, consumers are shifting to cheaper options like tent camping and glamping. New electric models such as the Kia PV5 and Hyundai ST1 may revive demand.